Granules in perfect Cup and Handle Pattern Volume low in cup formation and spiked on right side of the pattern. Breakout of parallel channel is right time to enter No buy/sell recommendation.
KSB from strong industry Pumps (check how Shakti Pumps, Kirloskar Bros, Roto Pumps are performing) -one simple horizontal line setup. tightness there too. good shakeout
Very first base of Stage 2 -Making Inverted Head n Shoulder -Inside bars (Yellow Arrow), indicating consolidating in a range -YoY EPS growing, with overall stores count in India increasing
-Good EPS growth, thats what always look for. -73 days consolidaiton under major resistance, breakout can initiate good above move.
Check railway stocks, how well they are setting up and buzzing loud on twitter. But like only railtel and texrail, as not looking for stocks which didnt breach 4th June bloodbath bar. No regret if they give big moves as I'm following the system. And between these two, railtel is top priority, as: -One simple horizontal line setup (favourite), and consolidating...
Traveling is booming in India post covid. And travel companies are enjoying this piece of pie. -Posted growth YoY EPS growth, OPM% also improving. -Near Major resistance, under which it is consolidating for 50 days (good consolidation) -Good Shakeout, when price went below major ema (here 21 dema) and rally back (also known as MAU&R: Moving Avg Undercut and...
Olectra Greentech Limited, a mojor electric bus company, in DTL BO zone. Also anticipation of BO of AVWAP from 52W High.
Lets learn new thing: AVWAP (stands for Anchored Volume Weighted Average Price): the average Price of a stock weighted by Volume from an Anchored point (swing low or swing high are good anchor points). Think like moving average but volume also include (not entirely true but to keep easy you can think like that) so it become more powerful as it involves both...
-Posted good results -Why i am liking this setup so much is : Its rejection from 200 ema(yellow line), that means its staying very little in Stage 4, means strong buying by Institutions (Lots of white dots : 5% move with 1M vol) -Recovered fast from 4th June (election result day) bloodbath, again strong stock sign. -in Tightness phase (volume drying), needed...
-Long base BO then Elections results create volatility but Setting up again: -Recovered fast with volumes then red candle on low vol n bounced from 10 ema -Defence stocks are making good setups -Good shakeout of 21 ema -tightness
-Posted great results. Whole defence sector strong. -Breakout from long base. -After 4th July (Election result day) volatility bloodbath, recovered fast n filled that big red candle. -Tightness - Lots of white dots (5% move with 1M volume) suggests big institutions are behind the stocks, retailers cant create that much volume. -Downtrendline tested 3 times.
-DTL BO (Down Trendline breakout) anticipation -Now above 4/June (election result) volatility carnage, finaaly in sweet spot too
-Posted good quarter results -DTL BO (Down Trend Line Breakout) anticipation -Green Vol > Red Vol
One Simple Horizontal Line Setup -Posted great growth results, everything is improving. -Pharma sector seems strong as it is also near breakout zone. -That red wick on election results day seems so good, fell with market but cop up fast and took support at 200 ema n come back in good zone again and, Good shakeout of 100 ema too. -Yesterday gave squat too (went...
Despite volatility because of election results, structure still intact. -Posted good results too -green vol > red vol
-Posted good results -In parallel channel from one month -Good shakeout, when stock undercut major ema (here 21) and rally backs : MAU&R (Moving Avg Undercut n Rally) -Green Vol spikes > Red vol
One Simple Horizontal Line setup Already showed momentum today by gap up -Buyable above weak resistance level, already tested 3 times
-Posted good growth results -Squeezed between 10 ema n BO (Breakout) level -Shakeout from 21 ema -Volume contracting -DTL (Down Trendline)